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- Title
The Ultimate Glass Ceiling Revisited: The Presence of Women on Corporate Boards.
- Authors
Arfken, Deborah E.; Bellar, Stephanie L.; Helms, Marilyn M.
- Abstract
Has the diversity of corporate boards of directors improved? Should it? What role does diversity play in reducing corporate wrongdoing? Will diversity result in a more focused board of directors or more board autonomy? Examining the state of Tennessee as a case study, the authors collected data on the board composition of publicly traded corporations and compared those data to an original study conducted in 1995. Data indicate only a modest improvement in board diversity. This article discusses reasons for the scarcity of women on boards and concludes that, to enhance strategic decisions, board membership should reflect the corporation's consumer population. Thus, women are a critical but over-looked resource. Areas for future research are also considered.
- Subjects
BOARDS of directors; CORPORATE directors; DIVERSITY in the workplace; COMMERCIAL crimes -- Social aspects; ORGANIZATIONAL structure; CORPORATE governance -- Social aspects; SOCIAL aspects of decision making; WOMEN executives; STRATEGIC enterprise management; INDUSTRIAL management &; society; SOCIAL conditions of women
- Publication
Journal of Business Ethics, 2004, Vol 50, Issue 2, p177
- ISSN
0167-4544
- Publication type
Article
- DOI
10.1023/B:BUSI.0000022125.95758.98